What is Cabnet Holdings Bhd Earnings Yield (Joel Greenblatt) %?
Cabnet Holdings Bhd's Enterprise Value for the quarter that ended in Nov. 2023 was RM32.5 Mil.
Cabnet Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was RM5.5 Mil. Cabnet Holdings Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2023 was 16.98%.
The historical rank and industry rank for Cabnet Holdings Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:0191'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.29 Med: 7.91 Max: 23.11
Current: 15.3
During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Cabnet Holdings Bhd was 23.11%. The lowest was -10.29%. And the median was 7.91%.
XKLS:0191's Earnings Yield (Joel Greenblatt) % is ranked better than 80.59% of 1700
companies
in the Construction industry
Industry Median: 6.47
vs XKLS:0191: 15.30
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Cabnet Holdings Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Nov. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Cabnet Holdings Bhd Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Cabnet Holdings Bhd's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Cabnet Holdings Bhd Earnings Yield (Joel Greenblatt) % Chart
For the Engineering & Construction subindustry, Cabnet Holdings Bhd's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cabnet Holdings Bhd's Earnings Yield (Joel Greenblatt) % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Cabnet Holdings Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cabnet Holdings Bhd's Earnings Yield (Joel Greenblatt) % falls into.
Cabnet Holdings Bhd Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Cabnet Holdings Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as
Cabnet Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM5.5 Mil.
Cabnet Holdings Bhd (XKLS:0191) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Cabnet Holdings Bhd Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Cabnet Holdings Bhd's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cabnet Holdings Bhd (XKLS:0191) Business Description
Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. In ELV Systems, it includes Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.
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